Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. CareSpan Health's Total Liabilities for the quarter that ended in Jun. 2025 was C$4.46 Mil. CareSpan Health's Total Assets for the quarter that ended in Jun. 2025 was C$0.27 Mil.
Therefore, CareSpan Health's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2025 was 16.54.
CareSpan Health (TSXV:CSPN) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
CareSpan Health Liabilities-to-Assets Related Terms
CareSpan Health Liabilities-to-Assets Historical Data
* Premium members only.
The historical data trend for CareSpan Health's Liabilities-to-Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSXV:CSPN vs VEEV, GEHC, DOCS: Liabilities-to-Assets Comparison
For the Health Information Services subindustry, CareSpan Health's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CareSpan Health Liabilities-to-Assets vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, CareSpan Health's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where CareSpan Health's Liabilities-to-Assets falls into.
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
CareSpan Health's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CareSpan Health (TSXV:CSPN) has a Liabilities-to-Assets of 16.54 as of Jun. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on CareSpan Health and its competitors.
Is CareSpan Health's Liabilities-to-Assets too high?
CareSpan Health's current Liabilities-to-Assets is 16.54.
How does CareSpan Health's Liabilities-to-Assets compare to VEEV and GEHC?
CareSpan Health's Liabilities-to-Assets of 16.54 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Healthcare Providers & Services company?
A good Liabilities-to-Assets depends on the Healthcare Providers & Services industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on CareSpan Health and its competitors. CareSpan Health's current Liabilities-to-Assets is 16.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CareSpan Health stock overvalued right now?
CareSpan Health (TSXV:CSPN) has a current Liabilities-to-Assets of 16.54. The current Liabilities-to-Assets is 16.54. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For CareSpan Health (TSXV:CSPN), the current Liabilities-to-Assets is 16.54 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
CareSpan Health Inc is engaged in providing a digital care platform that integrates digital care tools, capabilities, and data in one place. Its platform enables its provider networks with an integrated digital care platform and business support services, that address the shortage in primary and urgent care, as well as behavioral and mental health.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:CSPN has been successfully added to your 
